Annual report pursuant to Section 13 and 15(d)

Property And Equipment, Net (Tables)

v3.22.4
Property And Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property And Equipment
Property and equipment, net consisted of the following (in millions):
As of December 31,
2022 2021
Capitalized software $ 724  $ 707 
Building and leasehold improvements (a)
671  653 
Furniture, fixtures and equipment 192  204 
Land 30  30 
Finance leases 27  20 
Construction in progress 18 
Total property and equipment 1,652  1,632 
Less: accumulated depreciation and amortization 994  943 
Property and equipment, net $ 658  $ 689 
(a)Includes $242 million and $225 million of unregistered VOI inventory as of December 31, 2022 and 2021.